Why is Escorts Kubota falling/rising?

As of 22-Aug, Escorts Kubota Ltd is experiencing a decline in its stock price, currently at 3,576.95, reflecting a decrease of 13.35 points or 0.37%. The stock has been losing value for the last two days, with a total drop of 1.26% during this period. Despite this recent downturn, the stock has shown positive performance over the past week, gaining 5.37%, and has outperformed the Sensex, which increased by only 0.88%. Additionally, the company has a low debt-to-equity ratio and reported strong financial results, including a significant increase in operating profit margin and pre-tax profit. However, the stock's valuation appears expensive with a price-to-book value of 3.9, and it has generated a negative return of 5.87% over the past year, despite a 42.9% rise in profits.
In the broader market context, while Escorts Kubota has shown a strong performance over the longer term, with a 107.29% increase over three years and a 217.15% increase over five years, its recent short-term performance contrasts with the benchmark. The Sensex has experienced a slight decline of 1.07% over the past month, while Escorts Kubota has gained 3.84% in the same timeframe. However, the falling investor participation, indicated by a significant drop in delivery volume, may be contributing to the stock's recent price decline. Overall, the stock's current performance reflects a mix of strong fundamentals and recent market pressures.